Led Data Indicate County Experiences Fewer Job Turnovers
With relatively stable employment in the mining and utilities sectors, Carbon and Emery County continue to post lower overall job turnover rates.
According to the latest United States Census Bureau's local employment dynamics program data, the employment turnover rates in Carbon and Emery registered at or lower than the state's overall 23 percent average in 2005.
The employment turnover levels recorded in Carbon and Emery counties increased slightly in 2004.
The increases likely reflected tighter labor markets and economic growth in the two-county area, indicated the Utah Department of Workforce Services.
On the other hand, Grand and San Juan counties witnessed stabilizing or slightly declining employment turnover rates in 2004.
The local employment dynamics program statistics allow analysts to evaluate economic data at the county level, pointed out the Utah Department of Workforce Services.
Considering the industrial composition differences between the four counties in the southeastern region, it is not surprising that average overall job turnover rates differ noticeably, continued the department of workforce services.
Grand and San Juan counties reported job turnover rates in 2005 that exceeded the state average. The rates in Grand and San Juan registered at 33 percent and 26 percent respectively.
Overall job turnover rates appear to decline as a local economy slows and hires in the labor market as well as separations decrease relative to the level of employment.
In turn, during periods of greater economic vitality, the rates tend to increase as job opportunities appear and hiring activities intensify.
In addition to experiencing a lower job turnover rate, nearly all of Carbon's industrial sectors showed per capita sales in excess of the statewide figures, keeping with the county's role as a retail and service hub for central Utah, explained the department of workforce services.
Compared with 2005 data, fourth quarter 2006 results for Carbon County showed a solid 3.2 percent increase in employment, with the addition of 302 jobs.
However, Carbon was one of the few counties in the state that did not experience a positive bump in employment in 2004, pointed out the department of workforce services.
On the other hand, Carbon County did not lose significant ground in the local employment arena, with the number of jobs in the local labor market declining by a slight 0.6 percent.
On the positive side of the spectrum, Carbon's economic indicators showed solid improvements in construction and taxable sales, concluded the department of workforce services.